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> This program is not that. This program is providing a tax refund from CA's tax surplus. No new money is being created. The only change is who gets to decide how the money is being spent? (e.g., the state? or the people?)

Did they raise taxes on some group to specifically to take the money out of the economy, to pay for this stimulus? If they didn't, I'm pretty sure this is inflationary.

IIRC, it doesn't matter so much for inflation if the money is "created" or not, it matters if it's circulating in the economy. If CA left its tax surplus sitting in a vault somewhere, that will help reduce inflation.